Bharat Pensioners Samaj

 

 

  The central government by introducing new series of consumer price index for industrial workers with 2016=100 base has caused serious erosion of wages by depriving them of justified full neutralization. The central and state government employees and pensioners will be deprived of 100% neutralization apart from losing the DA increased in January 2020 and July 2020 based on 2001=100. The central government has introduced new series of consumer price index for industrial workers with base 2016=100 with releasing of September 2020 index of 118.Therefore the collection of price index on the basis of 2001=100 series will be henceforth stopped. With effect from September 2020 there will be only 2016=100 indices. If you want to continue your calculations based on 2001=100 series you can convert the 2016=100 index by multiplying it by 2.88 which is called Linking Factor. On the reverse if you divide 2001=100 index by 2.88 you will get 2016 =100 index. This is because government has not ...

:  One of our affiliate i.e. MIZORAM CIVIL PENSIONERS ASSOCIATION headquartered  at AIZWAL With a membership of 12200 through its 177 branches spread all over Mizoram has been running Endowment Fund with donations  by each members of its Branches ,the rate of which differs on the basis of Basic Pay of the Pensioners. At present the cumulated amount of the fund is Rs 77,83,963 (Seventy seven lakhs, eighty three thousand, nine hundred sixty three) which is kept in Term Deposit at Apex Bank, Aizwal. The interest from this amount is disbursed quarterly to the members suffering from critical illness like cancer, stroke etc.. The last disbursement was made on 7/8/2020. The total beneficiaries , this time comes to 99 and given @ Rs3,000 each , total of which comes to Rs 2,97,000/- only. This effort of  the MIZORAM CIVIL PENSIONERS ASSOCIATION deserves appreciation from all quarters especially from DOP &PW. S.C.Maheshwari Secy General ;Bharat Pensioners Samaj

 

Ministry of Labour & Employment Sh. Santosh Gangwar releases revised  Consumer Price Index for Industrial Workers (CPI-IW) based on new series  2016=100 from the existing 2001=100 CPI-IW with new base represents latest consumption pattern of target population and will prove to be in the interest of workers : Labour Minister Posted On: 22 OCT 2020 4:26PM by PIB Delhi Minister of State (I/C) for Labour& Employment Shri Santosh Kumar Gangwar, in the presence of  Shri Apurva Chandra,  Secretary L&E and Shri DPS Negi, Senior Labour& Employment Advisor and Director General, Labour Bureau released the  new series of Consumer Price Index for Industrial Worker (CPI-IW) with base year 2016, beingcompiled and maintained by Labour Bureau, an attached office of Ministry of Labour& Employment.   The new series of CPI(IW) with base 2016=100 will replace theexisting series with base2001=100. Earlier to this revision, the series were also revised fr...

 

 

  OFFICE OF THE PR.CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS) DRAUPADI GHAT, ALLAHABAD – 211 014 Circular No 213 No. AT/Tech/70-Vol. XXVI Dated: 07/10/2020 To The Chief Accountant, RBI Deptt. of Govt. Bank Accounts, Central office C-7, Second Floor, Bandre-Kurla Complex, P B No.8143, Bandre East, Mumbai-400051 2.The Manager, CPPC of all Public Sector Banks including IDBI 3.The Nodal office(ICIC/AXIS/HDFC Bank) Sub: Consolidated instructions for pension disbursing authorities to ensure smooth payment of pension /family pension in respect of pensioners/Family pensioners. Ref: This office Circular No. C-132 dated 13.12.2018, Circular No. 632 dated 30.03.2020 and Circular No.633 dated 30.03.2020. **** Govt. of India, Ministry of Personnel, public grievances & pension, department of pension & pensioners’ Welfare  O.M. No.12/4/2020-P&PW(C)-6300 dated 15/05/2020  is reproduced herewith for immediate necessary action as applicable at the end of pension disbursing autho...

 Indian Raiways has 17 Zones & 73 Divisions There are 67.6 Medical beneficiaries out of which 5.6 lac are Relhs beneficiaries Whos age wise breakup is as follows 1.Total No of Rly medical beneficiaries                       67.6   lac    (including RELHS beneficiaries 2.Total RELHS beneficiaries                                             5.6 lac (8.2%) 3.Age wise breakup of RELHS beneficiaries (i) 60-70 yrs                                                    ...